Insider Selling: VTEX (NYSE:VTEX) CEO Sells 4,808 Shares of Stock

VTEX (NYSE:VTEXGet Free Report) CEO Carmo Thomaz Junior Geraldo Do sold 4,808 shares of the stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $4.00, for a total transaction of $19,232.00. Following the completion of the transaction, the chief executive officer directly owned 401,151 shares of the company’s stock, valued at $1,604,604. This trade represents a 1.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Carmo Thomaz Junior Geraldo Do also recently made the following trade(s):

  • On Thursday, May 7th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.01, for a total transaction of $19,280.08.
  • On Monday, April 27th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.01, for a total transaction of $19,280.08.
  • On Monday, April 20th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.16, for a total transaction of $20,001.28.
  • On Monday, April 13th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.03, for a total transaction of $19,376.24.
  • On Monday, April 6th, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.04, for a total transaction of $19,424.32.
  • On Tuesday, March 31st, Carmo Thomaz Junior Geraldo Do sold 4,808 shares of VTEX stock. The stock was sold at an average price of $4.01, for a total transaction of $19,280.08.

VTEX Stock Performance

Shares of NYSE:VTEX opened at $3.89 on Wednesday. The company has a fifty day moving average of $3.86 and a 200-day moving average of $3.70. The company has a market capitalization of $662.35 million, a PE ratio of 32.38, a price-to-earnings-growth ratio of 0.57 and a beta of 1.05. VTEX has a 52-week low of $2.84 and a 52-week high of $6.82.

VTEX (NYSE:VTEXGet Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.03 by ($0.01). The company had revenue of $60.70 million for the quarter, compared to analyst estimates of $60.65 million. VTEX had a return on equity of 9.68% and a net margin of 9.40%. On average, equities analysts forecast that VTEX will post 0.19 EPS for the current fiscal year.

Hedge Funds Weigh In On VTEX

Several institutional investors and hedge funds have recently added to or reduced their stakes in VTEX. Millennium Management LLC increased its position in VTEX by 202.5% in the 3rd quarter. Millennium Management LLC now owns 1,530,983 shares of the company’s stock valued at $6,706,000 after acquiring an additional 1,024,911 shares during the period. Jacobs Levy Equity Management Inc. acquired a new position in VTEX in the 3rd quarter valued at approximately $4,412,000. Citadel Advisors LLC increased its position in VTEX by 524.5% in the 3rd quarter. Citadel Advisors LLC now owns 1,012,225 shares of the company’s stock valued at $4,434,000 after acquiring an additional 850,132 shares during the period. Polar Capital Holdings Plc raised its position in shares of VTEX by 11.9% during the third quarter. Polar Capital Holdings Plc now owns 7,034,043 shares of the company’s stock worth $30,809,000 after acquiring an additional 748,712 shares during the last quarter. Finally, BW Gestao de Investimentos Ltda. raised its position in shares of VTEX by 1,301.0% during the second quarter. BW Gestao de Investimentos Ltda. now owns 746,757 shares of the company’s stock worth $4,929,000 after acquiring an additional 693,457 shares during the last quarter. 63.69% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently weighed in on the company. Wall Street Zen upgraded VTEX from a “buy” rating to a “strong-buy” rating in a report on Sunday, April 12th. UBS Group boosted their price target on VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a report on Friday, May 8th. Brean Capital upgraded VTEX from a “hold” rating to a “buy” rating and set a $5.00 price target on the stock in a report on Wednesday, March 11th. Finally, Weiss Ratings upgraded VTEX from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, May 21st. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $5.98.

Check Out Our Latest Report on VTEX

VTEX Company Profile

(Get Free Report)

VTEX is a global commerce platform provider that offers a full suite of software-as-a-service (SaaS) solutions designed to power online retail and marketplace operations. Its cloud-native platform combines e-commerce, order management and marketplace capabilities in a single environment, enabling brands and retailers to launch and scale digital commerce initiatives without the need for extensive in-house infrastructure. The company’s API-first architecture and microservices design support headless implementations, allowing businesses to integrate front-end experiences, third-party applications and custom modules with minimal development overhead.

Founded in 1999 and headquartered in São Paulo, Brazil, VTEX has expanded its reach to serve customers across Latin America, North America, Europe and Asia-Pacific.

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Insider Buying and Selling by Quarter for VTEX (NYSE:VTEX)

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